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This paper examines the location of innovations within green technology, using U.S. patent citation data to trace their inter-generational knowledge flows over time. Clustering is clearly evident, and we use multivariate left-censored Tobit regression analysis to control for identifiable...
Persistent link: https://www.econbiz.de/10014171595
Innovation is an inherently risky and uncertain process. Many of the broader challenges to innovation in general are both mirrored and exaggerated in environmental innovation. The four primary issues are externalities, uncertainty, asymmetric information, market power. Green technology is...
Persistent link: https://www.econbiz.de/10014141082
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We model the diffusion of economic knowledge using an epidemiological model of susceptible, exposed, infected, and recovered populations (SEIR). Treating bibliographic citations as evidence of contagion, we estimate the coefficients of a four-equation system simultaneously for each of 759...
Persistent link: https://www.econbiz.de/10014177680